Spread the Wealth: 4 Ways to Invest with Us

In this episode of Deeds in the Desert, Izzy and Carrie discuss the different types of accounts that can be used to invest at Ignite Funding. They cover cash accounts, including individual, joint, and trust accounts. They also discuss business accounts, such as limited liability companies, partnerships, S Corps, and C Corps. The conversation then moves on to self-directed IRAs, including traditional, Roth, SEP, and SIMPLE IRAs. Finally, they touch on custodial accounts and the complexities of 401k plans.

Takeaways

There are various types of accounts that can be used to invest at Ignite Funding, including cash accounts, business accounts, IRAs, and custodial accounts.
Cash accounts include individual, joint, and trust accounts, each with its own tax implications.
Business accounts can be set up for different types of businesses.
Self-directed IRAs offer tax advantages, with Roth IRAs being particularly beneficial as they allow for tax-free income.
Custodial accounts and 401k plans have their own complexities and require careful consideration and understanding of the tax implications.

*Video Version Now Available on YouTube*

Did you enjoy the episode? Make sure to follow the podcast and turn on notifications to get notified when a new episode is posted.

Disclaimer: Ignite Funding, LLC | NVMBL #311 | AZ CMB-0932150 | | Money invested through a mortgage broker is not guaranteed to earn any interest and is not insured. Prior to investing, investors must be provided applicable disclosure documents.

Show Notes

Other Episodes

Episode

The Pros and Cons of Forbearance Agreements

Episode

GrowCon 2024 Recap

Episode

From Dirt to Door | Understanding the Real Estate Development Cycle | Part 1